Hi,
Can anyone suggest the journal entry of cess in credit ledger??
How to show it in the books of account?
Regards
Ashu Gupta
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 22 August 2021
Cess should be treated as same as other GST journal
CA Altamush Zafar
(GST Consultant)
(15976 Points)
Replied 22 August 2021
CESS ITC will be debited and vendor will be credited.
The entry in accounts will be same as that of CGST ITC, SGST ITC or IGST ITC.
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